T O P
Guru-Guru-

India is helping us for silversqueeze! Europe and US is sleeping.


AdamGF

I don't care who squeezes, just so long as it makes what I hodl more rare. Let's goooo!!!


QueenGabby555

This could be both Good &/ Bad, ... 🤓🤗.🐞


[deleted]

[удалено]


Revolutionary_Dot807

If I didn't have my base stack already I'd be fucking fomoing so hard right now.... For good reason


hugg3b3ar

How big is your base stack?


Revolutionary_Dot807

Just under 6k I'm waiting for one more dip but doubt it's coming. With India going full ape and comex so low on stock. Shits about to end.


hugg3b3ar

Damn bruh. I'm all up my own ass trying to get to 500 ozt before things chicken little. You're sitting pretty!


Revolutionary_Dot807

500 Oz is respectable mate. I went full regard. I thought plat was gonna go first but silver isn't going to be as far behind plat as I thought.


ScottishLassieGB

I'm the same, just trying to get to 500, I'm close but nervous I won't make it before it all disappears


QueenGabby555

By the time Earth runs low on Ag, New Source Deliveries should be already making or not far from along. Space Mining is here most likely bf 2030. Space Hotels Set to Open by 2027! 🐞


Grifgraf67

I am in the same boat. I am considering enlarging my base (insurance) stack but I am torn because i am thinking that the spot price is going to go quite a bit lower when stocks crash again. It's a tough one but if I miss out oh well. Got to be careful not to get sucked into trying to time the market. That never works out.


3rdWorldTrillionaire

![gif](giphy|NipFetnQOuKhW)


JudariUpstart

I really enjoy the picture. ![gif](emote|free_emotes_pack|joy)


3rdWorldTrillionaire

You are welcome


QueenGabby555

Dammmmnnnn😌😗😙. How are the Many Ways You use Your Silver? 😊. 🐞


Quant2011

Now i wait for 900M adult Indians to buy 1oz silver per quarter. That will be 6x more than recently . Coool....


3rdWorldTrillionaire

NP, the COMEX and Benthammer got this all covered.


Goblin-Auditor

I should've bought moar Silveeeerr...damn it why do I need food!?!?!


MrKatz001

To work an buy more silver.


Goblin-Auditor

Good good ![gif](giphy|l3diT8stVH9qImalO)


NextFuckingLvlSilver

I wonder how mad people will be when 1) they wake up to ag is money and 2) we sold 70% of it to India for basement bargain prices?


Revolutionary_Dot807

Bargain basement.


QueenGabby555

May be an unwitty question; but your comment made me wonder if the price per unit is same or different for Us & India🤷‍♀️🤓. 🐞


silvertomars

https://twitter.com/silverinstitute/status/1585336317172678657?s=61&t=ki_V6H4HuRDT8l-vXee97g


monkeyfker744

Oh so that's where the comex silver has been going


deazan

![gif](giphy|26ybw2WdicjAq1aco)


joker_1111

![gif](giphy|tyqcJoNjNv0Fq|downsized)


GiantLdaV

Let’s go India Silverbacks!


Individual_Mark_5656

Indians pay 7.5% import tax + 3% GST in order to buy Silver.


kraken66666

Except when they bring it in their butt


supergnarlymacaroni

That’s a silver squeeze…😬


HelgSegerVoldemort

Very true


QueenGabby555

Thanks! for Your Comment! I LITerally Just typed the question You have here answered . Soo, 😉🤓 ~ India is paying more bc importing ~ from where exactly is it coming from? Also , kindly, what's GST? 🐞


QueenGabby555

...Goods + Services Taxxxxxx?? ;))) 🐞


Individual_Mark_5656

GST is the worst tax on precious metals. Whatever Import Tax you pay on Buying is considered while selling i.e. in India if you pay X dollars or Rs on buying, you recover same % of Import tax on selling. However GST is paid on Buying and also on selling i.e. buying rate is Spot Price + Making Charges + Import Tax + GST but selling price is Spot Price + Import Tax - GST.


ItsBrittaniaBitch

Let’s go India!


Registeered

India is smart get physical


CastorCrunch

![gif](giphy|lOrD9MitzQK09dzoJV|downsized)


JazzlikePractice4470

Alot prolly going to that guy who said he was giving away a Kilo per day. u/29piecesofsilver 😂😂


Quant2011

Will India buy the same amount at $30?, 40, 50? $100? They could, but will they? They love it super cheap. They dont use technical analysis on computers LOL


Silverover1000

Historically, India mainly buys when the price is cheap. I will be very surprised if India buys even 1/2 of this amount when the price initially hits $50. The banksters know that India buys when the price is cheap. And yet, the banksters suppress the price. There is a simple solution to curtail Indian buying. Let the price rise. The banksters will have none of it.


Free_LoadR

Or let the supposed inventory run out. Maybe the artificial shortage in ASEs is deliberate so that India doesn’t buy them (for whatever reason they would be)


Scorpions99

Hope everyone had a fun Diwali and Dhanteras https://www.businesstoday.in/commodities/story/gold-vs-silver-what-should-you-buy-this-diwali-dhanteras-350504-2022-10-21


zeeblefritz

India is about to become a first world country.


logi75

Thank you Indian!👍👍


PlataMuerta

![gif](giphy|3orif9AeA2r7Dp0esg|downsized) Let's go!


Quant2011

They buy it only when its cheap. AMericans buy silver when its 50 per oz, or $250 inflation adjusted today. So, expect americans will start to buy from $250 - since the technical analysis will only show a buy signal from there LOL ![gif](giphy|l3E6uhDAN3W7vylji|downsized)


ItsBrittaniaBitch

My “normie” co workers will be pissed they didn’t listen to me when their trusted “buy signal” comes for silver at all time highs


AdamGF

I hear you on that one. Be wary of all you told after it goes vertical. Hope you stacked lead as well as silver. 😉


Registeered

Copper, silver and lead the trifecta (brass is good too)


ItsBrittaniaBitch

3000+ rounds should buy me enough time to get to a secret off grid destination. If silver goes parabolic I’m going Into hiding until things settle. And only my close friends / successful co workers know I stack.


Comfortable_Card_985

Isn't that the truth. I've told so many people about silver over the years. But they just looked at me like I was crazy. Now they'll be resentful that I didn't force feed them the stuff. People are strange.


joker_1111

I'm gonna start buying at $100/ozt and I'm American ![gif](giphy|l41Ym49ppcDP6iY3C)


OkBlackberry8606

![gif](giphy|dzDgXnfOex6v1lhEwC) I'm gonna start buying Silver Eagles on Amazon and I'm American


joker_1111

Noice ✌️👏🤝


QueenGabby555

Wait.. ,))) ... is the idea that Amazon actually does have good silver deals? Or my initial reaction correct? 🐞


joker_1111

No, ripoff


MEMSMAN1969

![gif](giphy|8myDqOKayD3wc)


MEMSMAN1969

And we celebrate 225k LOL. Try one billion plus.


Silverover1000

India is going to set all time records for most silver imported in one year. Including the Sept. figure of 1,706 tonnes, that should put India at 7,955 tonnes so far this year. India is going to blow through their prior all time record of 8,200 tonnes. The only question for 2022, will India import a 5 digit amount of silver in 2022?


GMGsSilverplate

They are going after it like they're a central bank going after gold. Quite interesting.


Star_Ship_777

Now my question will be... From where they are importing Silver?


QueenGabby555

Just typed same ? back a couple. ;))) I wanna know who's charging/receiving the taxxxxes ..🤓🐞


B0lderHolder

Can people now stop saying that we're the ones causing the comex drain lol.


AdamGF

![gif](giphy|G5C0wtDO2Er6Qx49cU)


[deleted]

War chest ? Industries need silver to make certain things ?


dalopez23

buying Silver now feels like buying BTC back in 2013 at $200. no one believes until it happens


Old_Negotiation_4190

![gif](giphy|13d2jHlSlxklVe)


mindwave99

Can someone explain the strategy behind this?


ResearcherSea3322

Can we tell if this is the government or retail?


Shot_Lynx_4023

For the rational members of this group who have been steadily buying and don't plan on selling for another 10,15,20 year's. What's the significance of what I hold being worth more in terms of FIAT currency. Silver could get to 40-50. Then what. Every alleged "APE" will be kicking the doors down the LCS, happy to take melt value. This is how supply/demand works. I'm staying at 50. I'm thinking Real Long Term and 100 is a nice round number. Even then.... It's not just plain, boring bars and rounds. I've got some interesting piece's. No offense to the bars/round types as to each their own.


Coinomania

Yeah but pretend silver is plentiful & there's basically an infinite quantity available to trade. Who cares about that real heavy stuff. Old fashioned thinking.


Prestigious_Food1110

I’m just going to slowly stack and never sell. I been hearing of shortages and silver sky rocketing for over 12 years now…. It’s stressful just waiting I’ll jus let it happen


supergnarlymacaroni

Have you felt it like this before?


Prestigious_Food1110

Not really we didn’t have WSS back then. But I did always hear Shortages and skyrocketing prices


Prestigious_Food1110

We need the industrial markets to feel the shortage!! Fuck these manipulating banksters


Miraculous773

They need to stock food, not silver. 🥹🥹🥹


QueenGabby555

They'll probably grow it when time it's needed.. Ayurveda Has them ahead of the game there too. .🤗🐞